Aug 19, 2019 | Financing, Singapore Property Guide
Additional Buyer’s Stamp Duty (ABSD) was first introduced on 7 December 2011 to cool the residential market and was revised upwards subsequently due to the further acceleration in the escalation of the price of the residential properties. ABSD is payable based on...
Aug 19, 2019 | Financing, Singapore Property Guide
Buyer Stamp Duty is tax paid on the acceptance or exercising of Option to Purchase (OTP) / Sale & Purchase Agreements (S&P). Buyer Stamp Duty is payable on the actual price or market price whichever is higher. The buyer is responsible to the buyer stamp duty...
Aug 19, 2019 | Financing, Singapore Property Guide
Buying a home in Singapore is not just about paying the purchase price, there are other costs like stamp duties, conveyancing, agent fees, valuation fee etc.Below is the total cost of purchase for a foreigner is buying a S$1,500,000 property in Singapore.Based on...